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LSEG Reviews Fund Flow Data After JPMorgan Alert

Bloomberg Markets •
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LSEG Lipper, the fund analytics arm of the London Stock Exchange Group, is reviewing its weekly US investment grade fund flow data following a flag from JPMorgan Chase regarding a potential error. The data in question indicated the largest weekly outflows from US investment grade funds in over six years, a significant figure capable of influencing markets and investment strategies.

LSEG Lipper is a key provider of estimated net fund flows, crucial for institutional investors, analysts, and media tracking capital movements. JPMorgan's report suggested the reported outflow figures appeared incorrect, implying a discrepancy in Lipper's data pipeline. LSEG has confirmed an active review of the affected statistics, though neither firm has provided detailed public statements on the error's scope or resolution timeline.

Fund flow data is particularly vital in fixed income markets due to their opacity compared to equities. These figures often act as a proxy for broader sentiment in credit markets. While no digital assets are involved, the current investment grade outflow figure remains uncertain until LSEG completes its review. Investors are advised to monitor LSEG's findings and cross-reference with independent data.